Baker Hughes announces January 2014 rig counts

Baker Hughes Incorporated announced that the international rig count for January 2014 was 1,325, down 10 from the 1,335 counted in December 2013, and up 46 from the 1,279 counted inJanuary 2013. The international offshore rig count for January 2014 was 302, down 4 from the 306 counted in December 2013, and down 5 from the 307 counted in January 2013.

The average U.S. rig count for January 2014 was 1,769, down 2 from the 1,771 counted in December 2013, and up 12 from the 1,757 counted in January 2013. The average Canadian rig count for January 2014 was 504, up 132 from the 372 counted inDecember 2013, and up 1 from the 503 counted in January 2013.

The worldwide rig count for January 2014 was 3,598, up 120 from the 3,478 counted in December 2013, and up 59 from the 3,539 counted in January 2013.

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